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1 bedroom flat for sale

The Sky Building, Brunswick Street, Newcastle-Under-Lyme, ST5 1HG

Sold STC £59,950

Property Description

Key features

  • 8% NET RETURN FOR 10 YEARS
  • FULLY FURNISHED INCLUDED IN PRICE
  • ON-SITE GYMNASIUM
  • ON-SITE CINEMA ROOM
  • FULLY MANAGED
  • 5% INTEREST PAID ON DEPOSITS OR STAMP DUTY PAID

Full description

Tenure: Freehold

The Property Supplier is pleased to announce its latest student development - Sky Building. The development combines high-end student accommodation with unique shared facilities.
Sky Building offers immediate access to Keele University and is only a short distance away from Staffordshire University and Royal Stoke University Hospital which have a considerable population of students.

The developer is offering an excellent 8% guaranteed return for 10 years. When combined with rising property prices in the area, the scheme represents an attractive investment opportunity. Units are expected to reserve quickly.
From an accommodation perspective the development is made up of several different room types with returns that outweigh any other student or residential investment in the area. The scheme comprises of:
122 Ensuite Rooms
127 Studios
24 Large Studios
In addition, Sky Building will offer a unique set of communal facilities in order to create a vibrant and enjoyable lifestyle.These facilities include:
Cinema Room
Gymnasium
Communal Laundry Room

Why Sky Building is a Good Investment:
The Keele and Newcastle-under-Lyme area is suffering from a severe under-supply of student accommodation. Sky Building is perfectly placed to meet the increasing demands of this market.
The return currently on offer is assured for 10 years establishing Sky Building as a highly secure, long term investment.
A market leading property management company will ensure the facilities are well run and maintained.

Sky Building is only a short distance away from Keele University, the largest campus university in the UK with over 9,980 students.
The development is also within 2 miles of Staffordshire University which boasts a further 19,190 students and within 1 mile of Royal Stoke University Hospital which currently has over 6,000 members of staff, a percentage of which are medical students undergoing training.

Sky Building represents a unique and exciting investment opportunity for both first-time property investors and experience portfolio investors.
The following key areas outline why the opportunity is not to be missed:
Purchase an en-suite room for £52,000
Purchase a studio for £59,950
250 year leasehold
Rent to three universities
Fully self-contained studios
Fully furnished
Fully fitted en-suites
Fully fitted kitchen
Range of unit sizes available

Excellent communal facilities including:
1) Reception
2) Cinema Room
3) Study Rooms
4) Gymnasium
Fully managed investment from beginning to end
Successful & proven developer
Long standing & successful management company
Excellent location
Walking distance to three major educational institutions
Under-supplied accommodation market in the area


Special Offer 5% interest on deposits or Stamp Duty Paid

FOR MORE INFORMATION PLEASE CONTACT THE PROPERTY SUPPLIER

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.


Listing History

Added on Rightmove:
31 August 2016

Map & Street View

Disclaimer - Property reference 134. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by The Property Supplier, Princes Risborough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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